You purchase a stock with cash, and you earn a negative return on the stock. If you had purchased the stock with 60 percent cash and 40 percent borrowed funds, your return on your investment would have been
a. positive
b. more negative than if you had covered the entire investment with cash

c. negative, but more favorable than if you had covered the entire investment with cash.
d. zero

b

Business

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A landlord who fails to return a damage deposit per the law is liable for treble damages.

a. true b. false

Business

The new, more strategically oriented purchasing departments have a mission. Which of the following most accurately describes that mission?

A) Make the most profit possible and remain independent of entanglements. B) Approach every purchasing opportunity as means to create interdependency. C) Seek the best value from fewer and better suppliers. D) Outsource the supply function. E) Abandon all strategies except for systems selling and buying.

Business